India : Business News Headlines – 14 Nov 2016

Tue Nov 15 2016
Ramesh Sridharan (904 articles)
India : Business News Headlines – 14 Nov 2016

Business Standard
Ø  Sebi steps up scrutiny as Tata-Mistry feud escalates
Ø  ATM charges waived on all transactions by savings bank customers till December 30
Ø  Niko Resources keen to sell 10% stake in KG-D6 block
Ø  Ujjivan gets RBI final nod for small finance bank
Ø  Tata Motors’s quarterly profit falls short of estimates
Ø  SBI gets deposits of Rs 83,702 crore in five days
Ø  Windfall for MFs, demonetisation could bring up to Rs 16 lakh-crore
Ø  I-T department checking high-value deposits
Ø  Demonetisation is another proof that Modi is reforming India: Chris Wood
Ø  American Apparel files for second bankruptcy in just over a year
Ø  Siemens to buy Mentor Graphics in $4.5 billion deal
Ø  Samsung to buy car tech firm Harman for $8 bn, S Korea’s biggest overseas deal

Mint
Ø  AIBEA seeks RBI to allow other agencies to exchange notes
Ø  RBI ban on DCCBs accepting demonetised notes irks farmers
Ø  India’s crackdown on black money will help financial system: EU
Ø  Aurobindo Pharma Q2 net up at 33% at Rs. 605 cr
Ø  Professional fees, avocations to join financial mainstream, enter tax net
Ø  TVS CMD Venu Srinivasan joins Sir Dorabji Tata Trust as trustee
Ø  Paytm claims record number of transactions after govt’s demonetization move
Ø  60% of British firms say they may increase their investment in India: Patricia Hewitt
Ø  Penny stocks may come under long-term capital gains tax net

Financial Chronicle
Ø  Australia, New Zealand dollars hit 1-month lows as USD, US bond yields surge
Ø  NDA stands behind PM Narendra Modi on demonetisation, surgical strikes
Ø  GAIL scraps $7 billion LNG tender from US as bidders don’t agree to ‘Make in India’ terms
Ø  Demonetisation effect: Jewellery sales under taxmen lens amid crackdown on blackmoney
Ø  New measures announced to increase supply of cash
Ø  Sebi begins recruitment drive to hire security official
Ø  Govt to take necessary steps for revival of NAFED: Rupala
Ø  India may have electric highway with Swedish help: Gadkari
Ø  Trade and industry suggest ways to deal with cash crunch

Ramesh Sridharan

Ramesh Sridharan

Ramesh Sridharan is our Stock Market Correspondent covering events and daily movements of stock markets in Asia. He is based in Mumbai